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March 7, 2026
11:58 AM
I work in NYC but live in NJ, how can I calculate the double taxed amount?
Thanks!
Topics:
March 7, 2026
11:57 AM
You have got to be kidding me!!! That's an utterly ridiculous work-around and TT needs to fix this.
March 7, 2026
11:56 AM
1 Cheer
@taxnightowl Correct, I am no longer getting this message. I am on the web version. Information Worksheet: Form 1099-Q is still being worked on. Please return after it has been updated..
March 7, 2026
11:56 AM
Si ya recibio aviso de TurboTax que su declaracion ha sido aceptada por el IRS, tipicamente demora al menos 21 dias recibir su reembolso.
Tambien puede visitar a el sitio web del IRS en este en...
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Si ya recibio aviso de TurboTax que su declaracion ha sido aceptada por el IRS, tipicamente demora al menos 21 dias recibir su reembolso.
Tambien puede visitar a el sitio web del IRS en este enlace - Refund Status.
Para obtener informacion sobre el reembolso del estado (si aplica), debe realizar una busqueda en el sitio web del estado. Por ejemplo, en Google, puede ingresar, ¿Dónde está mi reembolso de [nombre de su estado]?
March 7, 2026
11:56 AM
It is an investment sale and the category is Land.
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Ho...
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It is an investment sale and the category is Land.
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA), click the start or update button
Using the online editions -
On the screen Did you have investment income in 2025? click on Yes
On the screen Save time and connect your financial accounts click on Enter a different way
On the screen How do you want to add your docs?, select Type it in myself
On the screen OK, let's start with one investment type, select Other and continue
March 7, 2026
11:56 AM
I wholeheartedly agree with you! I'm reading through all the Q&As on this very issue, and nobody has an acceptable answer. Hello, @turbotax @intuit is there anybody home???
March 7, 2026
11:56 AM
1 Cheer
yes, that's why I went forward with it. Because I was thinking no way would it be $199 at the end. I was completely wrong. I did not talk to anyone or use any extra features.
March 7, 2026
11:55 AM
Q. Are they considered full time students if they are in elementary school?
A. No.
Full time student status is only relevant for dependents over age 18.
There are two types of dependents,...
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Q. Are they considered full time students if they are in elementary school?
A. No.
Full time student status is only relevant for dependents over age 18.
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
He is under age 19, or 19-23 if a full time student for at least 5 months of the year, or is totally & permanently disabled
He did not provide more than 1/2 his own support. Scholarships are excluded from the support calculation
He lived with the parent (including temporary absences such as away at school) for more than half the year
March 7, 2026
11:54 AM
1 Cheer
@tps496 College students...under age 24 and, as your dependent...they are still considered as residents of their parent's state...even if they are rarely at home. Thus, the GA income is as a n...
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@tps496 College students...under age 24 and, as your dependent...they are still considered as residents of their parent's state...even if they are rarely at home. Thus, the GA income is as a non-resident. They may also be liable for filing an IL resident tax return. Make absolutely sure that you/they indicate they are a dependent of someone else when they file their taxes....either that or make sure you, as parents, file yours first.
March 7, 2026
11:53 AM
1 Cheer
@ahosier Nope, the $40 charge was in addition to the price of the TurboTax account you were using. It is a service charge for using the optional pay with refund.
March 7, 2026
11:52 AM
@ckwebster wrote: I tried again today and it submitted finally without the error message. @ckwebster To be 100% clear, are you saying you no longer see the following error on Oregon state rev...
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@ckwebster wrote: I tried again today and it submitted finally without the error message. @ckwebster To be 100% clear, are you saying you no longer see the following error on Oregon state review? Information Worksheet: Form 1099-Q is still being worked on. Please return after it has been updated..
Taxpayer's First Name: ..... If so, what version of TurboTax are you using? I am using TurboTax Home and Business Desktop 2025 for Mac, and I still see this issue. Or are you referring to the transmission of the Portland ARTS return (a problem that was fixed on Mar 5)?
March 7, 2026
11:51 AM
I am receiving a Fellowship Stipend from my PhD graduate program. I have entered my 1098-T showing the appropriate amount of excess scholarship or grants funding over and above the amount in Box 1 ex...
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I am receiving a Fellowship Stipend from my PhD graduate program. I have entered my 1098-T showing the appropriate amount of excess scholarship or grants funding over and above the amount in Box 1 expenses. So I have a generous amount of taxable stipend "income". But TurboTax does not allow me to enter a Roth IRA contribution without a penalty for excessive contributions. The SECURE act should allow for this. How can I fix?
March 7, 2026
11:51 AM
How do I fix my medical part so I can file my taxes
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March 7, 2026
11:51 AM
1 Cheer
Thank you for posting this question. This is all about as clear as mud and I'm really disappointed that TT isn't helping us to resolve this. The AZ Tax Credits aren't new; how can this still be a pro...
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Thank you for posting this question. This is all about as clear as mud and I'm really disappointed that TT isn't helping us to resolve this. The AZ Tax Credits aren't new; how can this still be a problem? I'm wishing I wasn't so generous!
March 7, 2026
11:50 AM
Ok. Here's what worked for me. I edited one of my ESPP cost basis to zero clicked done and then changed it back to what's on the 1099 and that made the "Needs Review" flag go away.
March 7, 2026
11:50 AM
@paulcav77 Contribution to an employer provided 401(k) for tax year 2025 had to be made on or before 12/31/2025. The contributions are reported on your W-2 in box 12 with a code of D. Those contrib...
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@paulcav77 Contribution to an employer provided 401(k) for tax year 2025 had to be made on or before 12/31/2025. The contributions are reported on your W-2 in box 12 with a code of D. Those contributions are not entered anywhere else on a tax return.
March 7, 2026
11:50 AM
We started the sell of the business in August 2025. We received 1/2 the payment at that time. We transferred all the inventory etc. We made the final transfer of everything by 12/31/2025. The final p...
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We started the sell of the business in August 2025. We received 1/2 the payment at that time. We transferred all the inventory etc. We made the final transfer of everything by 12/31/2025. The final payment was made 1/1/2026. How do I report this on my taxes?
Topics:
March 7, 2026
11:50 AM
We have a small lawncare business in Nebraska. Last year I expensed 2 trucks as regular business expenses (179) instead of entering them as Business vehicle expenses. Not sure why I did that... Sh...
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We have a small lawncare business in Nebraska. Last year I expensed 2 trucks as regular business expenses (179) instead of entering them as Business vehicle expenses. Not sure why I did that... Should I amend last year's return. Is this a big audit flag?? If so, is filing an amendment a big deal?
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March 7, 2026
11:50 AM
A SIMPLE IRA plan (Savings Incentive Match PLan for Employees, see SIMPLE IRA plan | Internal Revenue Service ) allows employees and employers to contribute to traditional IRAs set up for employees. ...
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A SIMPLE IRA plan (Savings Incentive Match PLan for Employees, see SIMPLE IRA plan | Internal Revenue Service ) allows employees and employers to contribute to traditional IRAs set up for employees. It is set up under your employer or as a self-employed retirement plan.
Because you have a Code 7 for Box 7 it has the same effect for your individual tax return (it is treated as a normal distribution).
In general, if there is an early distribution (taken within the first two years of participation), a SIMPLE IRA has a 25% penalty, versus 10% for traditional.
March 7, 2026
11:49 AM
Regarding: "For 2025, you have until the April 15, 2026 deadline to do a Return of Excess for any 2025 contributions. You must withdraw the Contribution + Earnings to avoid the 6% penalty for 2025 en...
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Regarding: "For 2025, you have until the April 15, 2026 deadline to do a Return of Excess for any 2025 contributions. You must withdraw the Contribution + Earnings to avoid the 6% penalty for 2025 entirely. You only pay income tax on the earnings (reported on your 2025 return)." Can you please confirm where this is done within TurboTax? From what I gather it is Deductions & credits > Traditional & Roth IRA Contributions > Roth IRA options. I see the "recharacterize any of the Roth IRA contributions for 2025 over to a traditional IRA contribution?" which is No as withdrawing the money from the account instead. Filed out the questions over Roth IRA. But not seeing any clear indicator from TurboTax that it's respecting the paying the income tax on the earnings for 2025. The ending screen for that section is simply "Based on what you've entered you don't qualify for an IRA deduction." without any indicator that it's acknowledged the excess Roth IRA contribution accordingly. So I'm just wanting to make sure TurboTax is handling it properly. Thanks.